Friday, October 19, 2018
Home Articles Housing Markets

Housing Markets

Mortgage Rates Dip Slightly as Housing Market Softens

Mortgage rates dipped slightly this week, as the average rate for a 30-year fixed-rate mortgage fell to 4.85%, down from 4.90%, according to Freddie...

Housing Starts Fell in September, Hurricane Recovery Won’t Help

The recovery from hurricanes Michael and Florence will likely slow housing starts in the months to come.

Housing Sentiment Dips Slightly on Interest Rate Concerns

Rising mortgage rates dampened consumer sentiment toward the housing market in September, pushing Fannie Mae’s Home Purchase Sentiment Index to a score of 87.7, a...

CoreLogic: Hurricane Michael Threatens More Than 57,000 Homes

Hurricane Michael poses a threat to about 57,000 homes in the Florida Gulf Coast with a reconstruction cost value (RCV) of approximately $13.4 billion,...

Home Price Appreciation Slowing, CoreLogic’s HPI Shows

Home price appreciation is slowing across there U.S., CoreLogic’s home price index report for August shows - yet many homeowners say they are waiting...

Lack of Inventory: The Affordability Killer

Low inventory and high home prices resulted in pending home sales falling 1.8% in August to a score of 104.2 on the the National...

New Home Sales Increased in August After Two Months of Declines

New home sales were at a seasonally adjusted annual rate of about 629,000 in August, an increase of 3.5% compared with a revised rate...

Slowing Pace of Home Price Appreciation is ‘Widespread’

U.S. home prices continued to rise in July, however, the pace of appreciation is slowing, according to the S&P CoreLogic Case-Shiller home price index.The...

Existing Home Sales Flat in August But Down From a Year Ago

After four consecutive months of declines, existing-home sales were at a seasonally adjusted rate of 5.34 million in August, flat compared with July but...

U.S. Homeowners Continued to Gain Equity in Q2

About 2.2 million properties, or 4.3% of all properties with a mortgage, were in negative equity in the second quarter - and while that...

Housing Starts Jumped 9.2% in August

After dropping in June and July, housing starts regained some ground in August, rising to an annual rate of about 1.282 million, an increase...

Improving Labor Market Conditions Helped Buoy Housing Sentiment

Consumer sentiment toward the housing market improved slightly in August, rising 1.5 points to score of 88.0 on Fannie Mae’s Home Purchase Sentiment Index...

CoreLogic: Home Prices Continued to Rise in July

U.S. home prices continued to rise in July, inching up 0.3% compared with June and jumping 6.2% compared with July 2017, according to CoreLogic’s...

Pending Home Sales Fell For Seventh Consecutive Month in July

Pending home sales decreased for a seventh consecutive month in July, falling 0.7% to a score of 106.2 on the National Association of Realtors’...

Despite Growing U.S. Economy, Home Sales Forecast to Slow This Fall

Lack of inventory will continue to drive up home prices this fall, exacerbating ongoing affordability constraints and suppressing home sales, according to Freddie Mac’s...

Home Prices Continued to Rise in June, Albeit More Slowly

U.S. home prices increased 0.3% on an adjusted basis in June compared with May and were up 6.2% compared with June 2017, according to...

New Home Sales Fell 1.7% in July

New home sales were at a seasonally adjusted annual rate of about 627,000 in July, a decrease of 1.7% compared with a revised 638,000...

Existing-Home Sales Fell Again in July

Existing-home sales in July were at a seasonally adjusted annual rate of about 5.34 million, down 0.7% compared with about 5.38 million in June...

Housing Starts Disappoint as Builders Grapple With Rising Costs

The critical factor is not whether permits are increasing on a month-over-month basis but rather if they are keeping up with demand, which is based, in part, on population growth.

Despite Weak Housing Market, Fannie Mae Upwardly Revises its Economic Forecast

Although the U.S. housing market is in a slump, due to lack of supply, rising home prices and tight affordability, Fannie Mae has nonetheless...